BIDV continues to lower transaction fees via e-banking services

BIDV continues to lower transaction fees via e-banking services

RELEASED DATE 30 Mar 2020

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From 1 April 2020, in order to join hands with the government and community to win the Covid-19 pandemic, BIDV continues to reduce interbank transaction fees

As a pioneer bank in encouraging cashless payment to help minimize the spread of Covid-19 pandemic, from 25 February 2020, BIDV announced to reduce up to 70% interbank transfer fees, applying to transactions of less than VND 500,000 on e-banking channels. This has been the highest deduction and the lowest fee among the State-owned commercial banks.

From 1 April 2020, in order to join hands with the government and community to win the Covid-19 pandemic, BIDV continues to reduce interbank transaction fees as below:

In addition, BIDV has implemented several preferential policies for e-banking users to encourage cashless payment and minimize the spread of Covid-19 pandemic, such as 100% refunds of transaction fees for new users of BIDV SmartBanking, BIDV Online; extra 0.2% p.a. for online savings, etc. Click here for more details.